Mike Kent is a busy man. He’s been a key figure at Onity Group’s Liberty Reverse Mortgage for most of the past decade. He’s also served as co-chair of the National Reverse Mortgage Lenders Association (NRMLA) since 2019, and he now serves as senior vice president of reverse asset management and industry relations for Liberty […]
Liberty’s Mike Kent talks relaunch of EquityIQ proprietary reverse mortgage Read More »
Compass is hungry for more growth and it is turning to Lacey Conway to help it realize its ambitions. The brokerage on Thursday announced its appointment of Conway as the firm’s executive vice president of mergers and acquisitions. Conway joined Compass in the spring of 2024 through the firm’s acquisition of Latter & Blum. At
Compass names Lacey Conway head of M&A Read More »
Last year, I predicted a national home-price increase of 2.33%. While that forecast was lower than most others, it seemed achievable due to higher mortgage rates and increased inventory. I was wrong and too low for 2024. This year, my prediction is even lower at 1.77% national home-price growth. So far this year, the existing home
With more inventory, where are home prices headed? Read More »
MetroList, the largest MLS in Northern California, has rolled out a new “add/edit” voice-controlled app for real estate agents to collect and input property data directly from the field. The app, developed in partnership with real estate technology company Lundy Inc. — allows agents to speak property details aloud while walking through homes, with the
MetroList introduces voice-controlled property data app Read More »
Ready to get your real estate license in Pennsylvania? You’ll want to enroll in one of the best Pennsylvania real estate schools to gain the skills and knowledge you’ll need to ace the state exam and succeed in your new career. First, you’ll need to meet Pennsylvania’s 75-hour prelicensing course requirement. We’ve conducted extensive research
5 best Pennsylvania real estate schools for 2025 Read More »
Amid a growing wave of real estate thefts that involve fraudulent property transfers, a bipartisan pair of Pennsylvania lawmakers are pushing for new legal protections the state’s homeowners. Reps. Chris Rabb (D) and Tim Bonner (R) have introduced H.B. 1406 to crack down on deed fraud — a crime they say is being exploited due
Pennsylvania lawmakers target protections against deed fraud Read More »
Legacy Group Capital on Thursday announced its first institutional capital partnership with LibreMax Capital LLC, an $11.8 billion asset management firm that specializes in securitized products and asset-backed finance. The deal involves an 18-month revolving period during which principal payoffs can be reinvested to originate new loans, creating a projected $400 million in additional funding
Legacy Group Capital secures $180M from LibreMax Capital Read More »
U.S. home prices are projected to flatten in the third quarter and decline 1% year over year by the fourth quarter of 2025, according to a new report from Redfin. The company also expects mortgage rates to remain elevated near 7% through the end of the year. This marks a sharp reversal from more than
Home prices expected to dip as supply and demand collide Read More »
The MLS industry’s trade group, the Council of Multiple Listing Services (CMLS) is looking for a new CEO. On Thursday, the trade group announced that longtime CEO Denee Evans is stepping down at the end of this year. Evans is staying in her role through December 2025 “to ensure a seamless and collaborative transition,” according
Denee Evans will step down as CMLS CEO Read More »
Mortgage rates hit their highest level in just over 3 months yesterday with financial markets generally protesting the absence of more serious spending cuts in the spending bill. Rates care about fiscal spending because higher spending requires higher Treasury issuance which, in turn, pushes rates higher, all else equal. Although the House passed the bill
Mortgage Rates Edge Down From Recent Highs, But Remain Over 7% Read More »